Giving stock held more than 12 months offers a two-fold tax savings. First, you avoid paying capital-gains tax on the increase in value of your stock. In addition, you receive a tax deduction for the full fair market value of the stock on the date of the gift. Subtracting the tax savings from what you originally paid for the stock can result in a gift that costs just pennies on the dollar. A gift of stock also brings with it Iowa Public Radio membership, with benefit levels corresponding to the amount of the gift.
How to give stock to Iowa Public Radio
Stockbrokers require delivery instructions in writing. To make a gift to IPR, you will need to give this information to your broker:
| Internal Account: | 270-2140 |
| Name of Donee: | Iowa Public Radio |
| 2111 Grand Ave, Suite 100 | |
| Des Moines, IA 50312 | |
| Tax ID Number: | 20-4227123 |
| Phone Number: | 800-861-8000 |
| 515-294-8603 T | 515-294-1544 | |
| Financial Institution: | Wells Fargo |
| Account Number: | 1303 2552 |
| DTC Number: | 0025 |
In an effort to make sure your gift gets properly credited, please notify Iowa Public Radio of your intent to donate stock. Please give us your name, address, phone, email, how many shares and of what type of stock. You can email Membership using our Contact Us form, call our Membership Team at 800-861-8000, or send us this information via mail at 2022 Communications Bldg. Ames, IA 50011.
If you are transferring a mutual fund asset, please contact Iowa Public Radio BEFORE initiating that transaction. Mutual funds require special handling.